Renewed elegance and charm in Āgenskalns

In Āgenskalns, just a few minutes drive from Riga's city center, is a complex of two historic buildings is available for purchase. Originally built as a private residence, it now serves as office buildings.

The property includes a 1802 m² plot of land, a large building (791 m²), and a smaller building (145 m²). A full reconstruction was carried out from 2006 to 2008, and in 2018, the facade renovation and landscaping were completed. In 2007, the small wooden building was newly constructed.

The premises are in good condition, with tasteful interior finishes and designer-created interiors. The building is solid, with brick foundations and wooden beams typical of 1930s architecture. It has three above-ground floors and a basement. The other building on the property is currently used as a separate office.

Additional construction is possible on the plot (up to 300 m²).

The premises are used as business-class office spaces with responsible and financially stable tenants. The lease agreements can be renewed, ensuring long-term cash flow, or the property can be vacated as needed.

The building retains its historical value and charm, with wooden stairs, parquet floors, sliding doors, high ceilings, and exposed wooden beams. Air conditioning, high-speed optical internet, and 24-hour video surveillance are installed. A large aquarium is built into the wall of the second-floor lobby, separating it from the meeting and lounge area. There is parking for six cars in the courtyard.

Additional information is available upon request. The yield as of June 2024 is 6.7% + VAT (with the possibility of increasing to 7% + VAT, as one room is not rented).